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Bitcoin fails to surpass $71K this week

From fxpro.news

The cryptocurrency market is up 0.3% in 24 hours to $2.66 trillion, but it’s not due to reduced volatility. Bitcoin and Ethereum are trading close to the previous day’s levels. Among the top coins, Doge (+7.4%) and BNB (+3.8%) are the best performers. At the other end of the spectrum are Avalanche (-1.3%) and Toncoin (-0.9%). Bitcoin’s fourth attempt to consolidate above $71K this week was unsuccessful. The Nasdaq100 also showed some downward bias, indicating a cautious attitude towards risky assets, although the S&P500 closed at another high. Bitcoin has thus found strong resistance, preventing the bulls from ... (full story)

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  • Category: Technical Analysis